IFB industries Q1-11 results update
IFB reported good set of numbers for Q1-11. Sales up by 19% and EBIT is up by 50%. Home appliance division reported a sale growth of 13% and EBIT growth of 62.5% with margins of 10.4%. This kind of high margins may not be sustainable in future but for now the party continues……
posted by jagadish @ 10:00 PM
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